Weak demand for network hardware due to smaller project sizes
First written in FY2018-Q1. 5 of 16 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2023-Q1.
No other company in this theme has enough history to compare yet.
- FY2023-Q1MitigatedAnnual report
「In addition, sales of gateway security products for perimeter defense increased substantially following the acquisition of a major public-sector project.」
While the traditional factors behind the weakness in network hardware remain, sales of gateway security products increased substantially following the acquisition of major public-sector projects, mitigating the risk of weak demand. - FY2022-Q3A reactionary decline in remote-access and GIGA School-related special demand alongside sustained security demandAnnual report
「Meanwhile, hardware declined despite growth in security management products and other offerings that automatically analyze log data to improve the efficiency of security operations, due in part to a reactionary decline in special demand for network products and other offerings for remote access amid the spread of COVID-19 two years earlier and for the GIGA School Initiative.」
In network hardware, sustained and growing demand for security management products is being offset by a reactionary decline in special demand for remote access and GIGA School-related products. - FY2022-Q2A decline from the previous year's remote-access product contribution coexisting with sustained security demandAnnual report
「Hardware declined, despite sustained demand for security management products and other offerings that analyze suspicious activity from log data to detect internal fraud and for other purposes, due in part to a reactionary decline following last year's sharp increase in sales of network products for remote access amid the spread of COVID-19.」
Network hardware is declining on the reactionary drop following the previous year's surge in sales of remote-access products, despite sustained demand for security management products. - FY2022-Q1MitigatedAnnual report
「Although hardware was affected by a reactionary decline following the surge in sales last year of network-related products for remote access amid the spread of COVID-19, it remained firm overall as gateway security products for protection against sophisticated cyberattacks and security management products that analyze suspicious activity in data grew.」
Although network hardware saw a decline from the previous year's remote-access products, the overall business remained firm as gateway security and security-management-related products grew, easing the previously identified risk of weakness. - FY2021-Q3AdvancedAnnual report
「Network-related products for remote access grew, while security-related products, particularly those for government agencies and the telecommunications industry, recovered from the decline through the second quarter and grew.」
Network hardware, which had been sluggish due to smaller project sizes and the reversal of large projects in the previous year, is improving as remote-access applications grow and demand from government and telecommunications customers recovers. - FY2021-Q1Growth in remote access coexisting with a decline from the previous year's baseAnnual report
「Although network-related products for remote access grew, security-related products declined as a reaction to the expansion in the prior-year period of business serving government agencies and financial institutions.」
While remote-access applications grew in network hardware, which had been sluggish due to smaller project sizes and other factors, security-related products declined as a result of the reversal of the expansion in large projects in the previous year. - FY2020-Q2AdvancedAnnual report
「Hardware benefited from the adoption of network-related products such as wireless LAN as mobile-device use advanced with the promotion of work-style reforms and corporate networks became more wireless. Security-related products also grew substantially among large companies, including government agencies, financial institutions and manufacturers.」
Network hardware, which had been sluggish due to smaller project sizes and large projects winding down, is recovering as wireless LAN and security-related products are adopted and grow. - FY2020-Q1MitigatedAnnual report
「Hardware benefited from increased adoption of network-related products such as wireless LAN equipment, driven by the adoption of mobile devices under work-style reform initiatives and the spread of wireless corporate networks. Security-related products for large companies, including financial institutions and manufacturers, also grew substantially.」
Network hardware, which had been sluggish due to smaller project sizes and large projects winding down, continues to recover as wireless LAN and security-related products are adopted and grow. - FY2019AdvancedAnnual report
「Hardware performed steadily as the company captured system-renewal demand from large companies, including manufacturers, and government customers. Security-related products recovered, while network-related products, including wireless LAN equipment and network bandwidth-control equipment, grew.」
Network hardware, which had been sluggish due to projects winding down and smaller project sizes, recovered over the full year as system-renewal demand and related products grew. - FY2019-Q3AdvancedAnnual report
「Hardware performed steadily as the company captured demand for system renewals in government business, leading to a recovery in security-related products, while network-related products, including network bandwidth-control equipment and network operations management products, grew.」
Network hardware, which had been sluggish due to projects winding down and smaller project sizes, is recovering as the company captures demand for system renewals in government business and related products grow. - FY2019-Q2AdvancedAnnual report
「Security-related products showed signs of recovery as the company captured demand for system renewals in government business. Network-related products, including network bandwidth-control equipment and wireless LAN equipment, also grew.」
Network hardware, which had been sluggish due to the winding down of government and local-government projects in the previous year and smaller project sizes, is recovering as system-renewal demand and related products grow. - FY2019-Q1MitigatedAnnual report
「Hardware recovered as security-related products and network bandwidth control devices rebounded following the wind-down of the business serving government agencies and local authorities in the prior fiscal year.」
Network hardware, which had been sluggish due to projects winding down and smaller project sizes, is showing a recovery as security-related products and network bandwidth-control equipment recover. - FY2018RestatedAnnual report
「Sales of security-related hardware and software for this business declined because the government and local-government business, which had been strong in the previous year, wound down.」
The decline in sales of network-related hardware and other products has been confirmed on a full-year basis as large projects for government and local-government customers wound down. - FY2018-Q3RestatedAnnual report
「In this business, hardware sales declined during the nine-month period of the current consolidated fiscal year because the government business, which had expanded substantially in the previous year, leveled off, and project sizes also became smaller.」
Network hardware sales continue to decline due to the reversal of the expansion in government business and smaller project sizes. - FY2018-Q2WorsenedAnnual report
「Hardware products with a high sales mix declined due to smaller project sizes and the reversal of the expansion in government business in the same period of the previous year.」
In addition to smaller project sizes, the reversal of the expansion in government business in the same period of the previous year became an additional factor behind the decline, making weakness in network hardware demand more pronounced. - FY2018-Q1First statedAnnual report
「Hardware products with a high sales mix remained sluggish as project sizes became smaller.」
For hardware products in the network business, smaller project sizes have been identified for the first time as a specific factor behind weak demand.